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Murrey Level Analysis for USD/CHF and GOLD: July 19, 2018

19 july 2018 - Fx4News

USD/CHF

On H4, 7/8 breakout may lead to the USD/CHF price falling till the support at 5/8.

USDCHF1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

H1 charts show the same Murrey levels as H4, and the likelihood of the price going down to 5/8 is confirmed here.

USDCHF2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel bottom line is broken out on M15, the price will be likely to go further down.

USDCHF3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Gold

On H4, the gold is expected to fall down to -2/8. Once this level gets broken out, the entire Murrey pattern will be re-built, and one will be able to find the new targets.

GOLD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the price is likely to test the support at 0/8, with a further pullback and a rise to 5/8.

GOLD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel upper line is broken out on M15, the price will be likely to rise.

GOLD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Forex analitiks

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